Consolidated Construction IPO is a book build issue of ₹188.70 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹188.70 crore.
Consolidated Construction IPO bidding started from Sep 18, 2007 and ended on Sep 21, 2007. The shares got listed on BSE, NSE on Oct 15, 2007.
Consolidated Construction IPO price band is set at ₹510.00 per share . The lot size for an application is 12. The minimum amount of investment required by an retail is ₹5,520 (12 shares). The lot size investment for sNII is 33 lots (396 shares), amounting to ₹2,01,960, and for bNII, it is 164 lots (1,968 shares), amounting to ₹10,03,680.
Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Consolidated Construction IPO RHP for detailed Information.
IPO Date | September 18, 2007 to September 21, 2007 |
Listing Date | October 15, 2007 |
Face Value | ₹10 per share |
Issue Price Band | ₹460 to ₹510 per share |
Issue Price Final | ₹510 per share |
Lot Size | 12 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 37,00,000 shares (aggregating up to ₹188.70 Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 3,32,55,445 shares |
Share Holding Post Issue | 3,69,55,445 shares |
CCCL IPO offers total 37,00,000 shares. Out of which 22,20,000 (60.00%) allocated to QIB, 3,70,000 (10.00%) allocated to NII, 11,10,000 (30.00%) allocated to RII.
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
QIB Shares Offered | 22,20,000 (60.00%) | NA |
NII (HNI) Shares Offered | 3,70,000 (10.00%) | NA |
Retail Shares Offered | 11,10,000 (30.00%) | 92,500 |
Total Shares Offered | 37,00,000 (100.00%) |
Consolidated Construction IPO opens on September 18, 2007, and closes on September 21, 2007.
IPO Open Date | Tue, Sep 18, 2007 |
IPO Close Date | Fri, Sep 21, 2007 |
Tentative Listing Date | Mon, Oct 15, 2007 |
Cut-off time for UPI mandate confirmation | 5 PM on Fri, Sep 21, 2007 |
Investors can bid for a minimum of 12 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 12 | ₹6,120 |
Retail (Max) | 32 | 384 | ₹1,95,840 |
S-HNI (Min) | 33 | 396 | ₹2,01,960 |
S-HNI (Max) | 163 | 1,956 | ₹9,97,560 |
B-HNI (Min) | 164 | 1,968 | ₹10,03,680 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1997, Consolidated Construction Consortium Ltd (CCCL) is in the business of construction. CCCL is an ISO-certified company with a turnover of around Rs. 8.55 billion. CCCL provide construction services in the industrial, commercial, infrastructure and residential sectors of the construction industry.
CCCL operations include a range of construction services such as construction design, engineering, procurement, construction and project management and construction allied services such as mechanical and electrical, plumbing, fire-fighting, heating, ventilation and air conditioning, interior fit-out services and glazing solutions.
CCCL has executed 334 projects, comprising of 104 industrial projects, 172 commercial projects, 14 infrastructure projects, and 44 residential projects across 14 states in India. CCCL's projects include factories, residential and commercial buildings, hospitals, hotels, power plants and structures in the infrastructure sector such as water tanks, water supply schemes and bridges.
CCCL has constructed structures for a variety of private and public sector clients from various sectors such as IT / ITES, hospitals, hospitality, pharmaceuticals, education, hospitality, manufacturing, retail, malls and multiplexes. CCCL's major clients include Infosys Technologies Limited, Ascendas IT Park (Chennai) Limited, Khivraj Technology Park Private Limited, Manipal University, Airport Authority of India Limited, Hi-Tech Carbon (a unit of Aditya Birla Nuvo Limited) and the Infosys Foundation.
CCCL's revenues have grown from Rs. 1602.36 million in Fiscal 2004 to Rs. 8,683.71 million in Fiscal 2007, which is a CAGR of 76% and our profit after tax has increased from Rs. 41.20 million in Fiscal 2003 to Rs. 476.77 in Fiscal 2007, which is a CAGR of 126%.
The Company CCCL IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | Finance the acquisition of construction infrastructure. | 1,374.43 |
2 | Investment in our Subsidiaries. | 67.96 |
3 | Expenditures towards our skill and management development centre. | 48.57 |
4 | Repayment of loans. | 117.55 |
5 | Fund expenditures for general corporate purposes. | 128.49 |
Listing Date | October 15, 2007 |
BSE Script Code | 532902 |
NSE Symbol | CCCL |
ISIN | INE429I01024 |
Final Issue Price | ₹510 per share |
BSE Listing Group | B1 |
Consolidated Construction Consortium Ltd.
5, Second Link Street,
CIT Colony,
Mylapore,
Chennai, Tamil Nadu, 600004
Phone: +91 44 2466 1083
Email: investors@ccclindia.com
Website: http://www.ccclindia.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: cccl.ipo@karvy.com
Website: https://ipostatus.kfintech.com/
Consolidated Construction IPO is a main-board IPO of 37,00,000 equity shares of the face value of ₹10 aggregating up to ₹188.70 Crores. The issue is priced at ₹510 per share. The minimum order quantity is 12.
The IPO opens on September 18, 2007, and closes on September 21, 2007.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Consolidated Construction IPO using UPI as a payment gateway. Zerodha customers can apply in Consolidated Construction IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Consolidated Construction IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Consolidated Construction IPO opens on September 18, 2007 and closes on September 21, 2007.
Consolidated Construction IPO lot size is 12, and the minimum amount required for application is ₹6,120.
You can apply in Consolidated Construction IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Consolidated Construction IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Consolidated Construction IPO allotment status.
The Consolidated Construction IPO listing date is on Monday, October 15, 2007.
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